The Steel Dynamics, Inc. (STLD) Raises Dividend to $0.16 Per Share
20 March, 2017, 13:20 | Author: Leticia Walters
(NASDAQ:STLD) was up +2.89% during the last trading session, with a day high of 35.70. This rating was issued on 1/12/17.
While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 34 percent.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. In the last Quarter, STLD reported a surprise Earnings per Share of 0%. They now have a Dollars 42 price target on the stock.
12/12/2016 - Steel Dynamics, Inc. had its "buy" rating reiterated by analysts at Jefferies.
Steel Dynamics (NASDAQ:STLD) has insider ownership of 4.10% and institutional ownership of 79.46%. They now have a United States dollars 35 price target on the stock. The company now has a consensus rating of Buy and a consensus target price of $34.75. Deutsche Bank AG set a $42.00 target price on Steel Dynamics and gave the company a buy rating in a report on Monday, December 5th.
Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. (NASDAQ:STLD) to Neutral with no specific Price Target. Their 52-Week High and Low are noted here.
Steel Dynamics also hiked its quarterly dividend by 11% to 15.5 cents per share.
According to the most recent brokerage reports which have been released state that 5 brokers have issued a rating of "buy", 5 brokers "outperform", 4 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". The Stock shows P/E value of 14.28 and Forward P/E of 16.38. (STLD) a rating of 1.6 on a scale of 1 to 5.
For the Current Quarter, the growth estimate for Steel Dynamics Inc.is 138.5%, while for the Next Quarter the stock growth estimate is 32.8%.
The company's ATR (Average True Range) is 0.64. Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.62. (NASDAQ:STLD) could bring EPS of $0.43/share. The company provided EPS guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.62.
On 12/16/2015 Steel Dynamics announced a quarterly dividend of $0.14 3.25% with an ex dividend date of 12/29/2015 which will be payable on 1/11/2016. The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 22.85 and a beta of 1.35. 2651041 shares were traded on Steel Dynamics, Inc.'s last session. Steel Dynamics, Inc. has a 52-week low of 21.41 and a 52-week high of 40.17. The firm's 50 day moving average price is $35.62 and its 200-day moving average price is $31.88. The Moving Average SMA50 is -0.53% while SMA200 is 19.91%. Return on Equity (ROE) stands at 13.4% and Return on Investment (ROI) of 9.9 percent. The stock has been active on the tape, now trading at $35.43, down from yesterday's close by -0.62%.
In the past 6 months, 1 Insider purchases and 3 Insider Sales were made in which 6000 shares were traded as Insider purchases and 470403 shares were exchanged as Insider Sales. The Relative Volume value measured for Steel Dynamics Inc. For Dividend Investing Stock Market Traders Steel Dynamics, Inc. has a Dividend Yield of 1.57% with an Annual Dividend of $0.56. The Price to Sales (P/S) of the stock is 1.06, while P/B (Price to Book) stands at 2.84.
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